EUR and especially GBP trying to bottom out So far they are successful, you've got to give it to them. I also think that US markets could rebound a little at the opening, helping from their side. US is invoking a more powerful action, like massive QE or tarnsforming ECB in full lender of last resort. This is probably what keeps France in the game and Sarkozy alive, the common views with US. Do you know how much debt the ECB has loaded on so far?(I don't) Are they going to issue those bonds back to the market in the form of a Eurobond?